Need 12 answered

24,100 is the total revenue of these three meals, and yes this does confirm the totals I found in the other parts. 12. Given the following demand schedule: PRICE QUANTITY REVENUE 15 10 10 55 5 100 Demand schedule a) Fill in the revenue column; without doing any further computations, is the demand curve elastic or inelastic? Why? b) Compute the coefficient of elasticity between a price of $5 and of $15 using the midpoint formula